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20110701
20110731
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after congress passes a balanced budget amendment. congressman jordan you are big sponsor of this. president obama says that it would cut medicare and social security much more deep ply than paul ryan's budget plan. >> we like to view it as a common sense american plan. americans know we are spending too much. we are headed for a cliff. we are headed for bankruptcy. cut spending in year one and cap it as a percentage of the economy going forward. everyone understands our government is getting too big. let's do something historic. let's for the first time in american history pass a balanced budget amendment through the house and senate and send it to the states. let's make the federal government, the entity that has a $14 trillion debt, make us live under the requirement that everyone else has to live by. >> chris: what is wrong with cut, cap and balance and what are the chances it will get through the house and national and get signed by the president? >> no one should be fooled by this. they are not proposing a clean balanced budget amendment. they are proposing to manipulate the
with you. senator johnson from wisconsin. debt talks breakdown and will big ben step up with the big cash? bernanke suggesting he is ready for pump more stimulus into the economy if needed and that had stocks soaring early in the day and the dow jones industrial average having trouble holding on to the gains finishing up just 45 points. the fox business network is keeping track of it all. we lost all the gains we had early in the day. >>guest: but investors will take what they can get because there we saw the sell off later if the session we did post gains and that snapped a three day losing streak for the stock market. so, the dow finishing up with a small gain and the s&p with a 4 point game and at 10:00 a.m., bernanke sat down before congress and in his testimony heed laid out the open door for a possible qe3, the government bond buying program which is looked at as stimulus for the markets and off to the races and the market, as you said, rallied 150 points early in the session, but, this is still a lot of concern about the debt crisis going on overseas and it was another downgrade
the problem. in two or three years we have a debt crisis. we have to do big bold things or that is where we are head. calling balancing the budget dangerous is unbelievable. here's what we have to do. look mr. president put a plan on the table and we have 16 days and if the president can put details to a plan let's have a national debate and let the american people decide if they want cutting in spending or requiring a balanced budget or common sense versus the president's plan. >> i didn't say it was dangerous. we want to balance the budget. it doesn't balance that budget until 2040. it would require you to lift the debt ceiling by eight trillion. >> gentlemen, we have a lot to cover. we'll get back to a bunch of the issues. if cut, cap and balance fails and i must say most people say whether it is good policy or not, the chance of it passing are slim . the most likely fall back and mitch mcconle's plan. it would allow the president to raise the debt limit two and half trillion without spending cuts and there is talk of floating a trillion in cuts. congressman ben holland. wouldn't that be
at this hour? that is the big question that people want the answer to. the lawyers were successful disguising where she went in the overnight hours. even the press not able to keep up with her. cameras shooting this video of casey anthony walking out of the front doors of the orange county jail at 12:11. wearing pink me low shirt, hair in a bun and the primary defense attorney jose baez right by her side. they got in a motorcade, a gray suburban, a cream colored tahoe and white follow-car and drove directly from the location to a bank of of america building in downtown orlando, not far from here, where her other attorney has an office. they went in covered parking garage and pulled a bait and switch. the suv never emerged from the parking garage, but others cars did and it's not clear which one that casey anthony was in. we can tell you around the same time there was police activity across town at a private airport. a private plane was fuelled up and ready to go on the runway, but nobody saw casey anthony boarding the aircraft. officials telling us it was scheduled to carry golfers vacationin
afternoon if he chooses and possibly friday. a big day for thursday morning. but at 2:15, after deliberating nine hours the jury bought what baez said during the closing argument. his clients, casey anthony could be a lawyer but she is not a murderer. >> the first-degree murder, we find the defendant not guilty, dated on the 5th day of july, 2011. and the charge of aggravated child abuse, verdict of count two, we the jury find the defendant not guilty, so say we all, in orlando, orange county, florida, 5th day of july. and as to the charge of aggravated manslaughter of a child, verdicts as to count three we fine the defendant not guilty. phil: huge tears from the eyes of casey an don't and she started to break into smiles, large smiles, like you have not seen her smile for the past three years. not publicly on camera. not a big smile but, today, an absolute celebration full of emotion, full of tears, you can see the tones -- attorneys congratulating contrasted to the prosecution table as the lead prosecutor and her two cocounsel all looked ashen in utter disbelief that despite all of the for
name kidnap her. that was a big fat lie. warm welcome for soldiers returning home from war. more than 50 national guard troops returned to cedar rapids, iowa, after spending a year in afghanistan. about 2800 men and women will return home to the area in the next few days. this is the largest deployment that the state has seen since world war ii. and those are your headlines. >> let's talk about what's going on. couple of days ago, we heard the president of the united states say don't call my bluff, eric cantor and i'll take my case directly to the american people. today, the president is going to take his case to the american people. he has a press conference this morning at 11:00 a.m. >> we'll see what he says again. there's no talks today, folks. they've been doing them every day this week. there was a rumor maybe they'd go to camp david this weekend but not sure if that's going to happen. no talks today. >> fascinating to see after an hour and 19 minutes yesterday that eric cantor did not say a word today, yesterday, and on thursday. now the president for the second time this week
vote. but that leaves a big problem and that's the debt. >> it's the debt itself. i couldn't agree more. the crisis comes, bill, not if we don't pass the debt ceiling, but if we do pass a debt ceiling it send a signal to the financial markets around the world that the united states is not capable of dealing with this enormous debt. that's the crisis. if we don't get a credible plan that brings the deficit spending down over the next two years and the president has been holding out on that. bill: do you think the markets will be spooked by that? >> you are exactly right. even as moody's and s & p said they will downgrade the debt. you would expect for the interest rate on those bonds to go up but the last couple weeks they have gone down. we cast a carte blanche $2.5 trillion increase in the debt i believe that could cause a financial panic. bill: that forces the markets to quiver. >> this is the ultimate point of leverage. that's why there has been a stalemate. republicans said if we cave on this we'll never get serious about spending. but right now it take the president to sign this bi
. there are a lot of breaking details regarding the dates and there could be a big face injected into it as well. we'll tell you about it shortly. big blowup in washington that everybody is talking about. >> clayton in for brian today. good to have you. headlines for you first. there are no leads this morning on who is responsible for a deadly triple bombing in mumbai, india that killed 17 people. the simultaneous bombings in three separate neighborhoods described as a coordinated terror attack. 131 other people are hurt. 23 critically. investigators believe it may be revenge for police pressure on home grown terrorists. this morning, four people are dead after a homicide bomber attacked a memorial service for the half brother of afghanistan president hamid karzai. 15 others were hurt in this attack on a kandahar mosque. wally karzai was assassinated on tuesday. he was shot at close range, apparently by a confidant. the taliban has claimed responsibility for his murder. thousands paid their respects for an 8-year-old boy murdered in his brooklyn, new york, neighborhood. he went missing monday on his
. the president came out and said republicans, you have to do a big deal and by the way, if you are thinking about an interim plan, forget it, i'm not going to do it. >> i found it interesting because he basically said both sides had to get used to some sacrifice. brian, you and i had the debate yesterday on radio whether or not he would have that particular tone. but that's what he said. i found it interesting he said we should attack this right now, although a month ago he wasn't even involved in these talks. you have to ask him why the sudden urgency now. the other question is is that august 2nd deadline, could tim geithner just push that date a little bit more down the road or is that hard and firm? >> well, here is the -- >> it's not going to get easier, it's going to get harder. we might as well do it now. pull off the bandaid, eat our peas. now is the time to do it. if not now, when? i'm prepared to take on significant heat from my party to get something done. and i expect the other side should be willing to do the same thing if they mean what they say. >> it's amazing. yesterday the presid
, waiting outside the jail as they ducked away into a waiting suv. the big question is where is casey anthony hiding. live at orlando,s from where caylee's remains were found. walk us through the release last night. >> reporter: i want to share brand-new information coming into fox news channel from our producer on the ground, one of many that have been working this case. kathleen rochelle. she got off the phone with mark lipman, the attorney that represents george and cindy anthony, they told -- their attorney said basically jose baez and texted them she was safe but they were at home watching the release on television. a relief that happened like clockwork at 11 past midnight according to the clock on the wall at orange county jail. take a look at the video. company anthony wearing a pink polo shirt. she was given $500 in cash, money that remained in her inmate account. a lost which donations from the public that poured in while she was incarcerated. three selected journalists captured the moment the world wanted to see, a moment that lasted a little more than ten seconds. listen. >
's the big question, right? >> looking at the influence of the freshmen today, in general they believe and have very involved local voters to back them up that they were elected in 2010 with a mission to, reign in big government, specifically big government spending, and this debt ceiling debate fits right into that. here's more from one freshman tea partier. >> it would allow the debt ceiling to go up, but only if we had significant cuts, statutory caps and balanced budget amendment and there's a growing movement with that. we met with leadership, we met with majority leader eric cantor and were trying to impress upon them that we need to be for something as republicans, we need to define what we're for. >> senator paul says this is a fight, quote, too important to give up. jon. jon: what kind of influence do the new members have, though? >> well, republicans are in the minority and the senate, so less there, but in the house they're in the majority and tea partiers, or those who agree with the tea party on fiscal issues, among the 87 how freshmen have not been shy about staking their
" article and tweeted this morning that bachmann won't be able to raise money from big donors because they don't really like her. i think a few things are going on. that could be true. perry sitting on sidelines could be true. i think if the corporations or big donors, big bundlers have money to give, they are giving it to the senate g.o.p. races. >> bob: they are. the other reason they are not giving it to her is they are scared to death that she will become president. that's my new zealand point. give her credit for raising money. she did it last year, and state-of-the-arted in the healthcare debate. she was smart getting out there -- and smart in the healthcare debate. this is not as formidable -- >> eric: this is only june 27. >> bob: but the real key is in the presidential politics, how many times do you go to the donor list to give money? if you have those small con industrybutions you can go back four or five times. if you can't go back ten times you are probably not going to hold up a big number. >> eric: there is also news she may have quit her church. what do you know? >> gr
augustway, there is big-time fighting going on in house. we have a fight between congressman west of florida and congresswoman debbie wasserman schultz. break down the fight and start off with what wasserman schultz said that angered west. take a listen. >> president obama vowed to veto this bill which ends the medicare guarantee and incredulously the gentleman from florida who represents thousands of medicare beneficiaries as do i is supportive the plan to increase cost for medicare beneficiaries. unbelievable from a member from south florida. >> andrea: okay, whether it's truthful or not, that was just policy. here is how west reacted in an e-mail to wasserman schultz. >> for her to follow me on the house floor after i have given a one-minute speech and i talked about facts and figures as far as the debt ceiling and her to make personal references to me after i had left i didn't appreciate that. she is not a victim. she has been attacking allen west for quite some time. i finally had to let her know enough is enough. >> eric: hold on. that was his explanation for this. right here that he s
in a very big and vital state of new york. >> most importantly, one, the white house says it's not true and secondly, biden himself, he's been the target of getting off a ticket since january of 2009. when hillary clinton was going to take it over and that would be the smart thing to do politically. as much as people might have strong feelings about vice president biden, i think that for president obama, he's been a good vice president. he marches his soldiers on. he does the bidding. and he -- i think there's no reason for it to change but also this, while i respect the reporter and i'm sure he's got good sources, i just don't see what changing courses mid stream and getting the governor from new york gets you >> you can tell how much the white house doesn't want to talk about something when they dump it out on a friday. according to the economic council of advisors, they've come out with their seventh quarterly report and what they said is the stimulus, remember, it was going to save us from big -- >> save or create three million jobs. >> it was going to do that. it didn't do that. o
, some real big news, actually, because speaker boehner, it seems, may have a plan that will come to fruition, before 4 p.m. this afternoon so that the asian markets aren't rattled and it will involve sort of a two pronged approach. >> yeah, but the most important part of the two step process clayton mentioned there's going to be a short-term extension involved and the democrats have objected to that, as you know, from the very beginning, the president, nancy pelosi, harry reid all three last night reiterating they will not support a short-term extension. so it appears we are playing with some serious fire on this sunday. >> what does john boehner do, comes up and hands over the paper work, they immediately say no. listen to this, thises what mitch mcconnell has to say about this. there is bipartisan agreement on the need to prevent fault and given the unprecedented size of the debt ceiling increase, the president is requesting, this is not an easy process. and the effort to prevent default while substantially reducing washington spending will continue. >> of course, all of the co
to split up california in two. representatives officially endorsing that idea with one big catch. no public funding can be spent on the movement. the new state would be made up of 13 counties. but there is a catch called the u.s. constitution. there can be no new states without consent from congress and the state legislature. they are billions in the hole in california. alisyn: democrats finding off a republican challenge to hold off a congressional seat in california. democrat janice kahn defeating businessman huey. hahn winning by 10 points in a district where the democrats have a 10-point edge. it shows a sizable number of people breaking with the democratic party there. in a moment she'll walk free in only four days. but she may cease to be called casey anthony. why one of the most famous faces in the country may get the witness protection treatment when she leaves jail. alisyn: chaos in the courtroom. police draw their weapons to restore order here. bill: there is one person surging and that person is not even a candidate. karl rove on the 2012 field and whether we may see the big chan
big role here. and people are getting jealous that the president is meeting with john boehner and on republican side a lot of the tea party guys are not trusting john boehner, they are skeptical that he is going to blink and both the left and the right are so entrenched here and i don't know how someone is not going to be badly politically damaged with whatever tell they come up with and, again, why see the votes at this time. how do they get there? john boehner has called this a rubic's cube. it is difficult to get a solution. >>neil: but they are aware of the deadlines and this is the day that the administration argued you had to get the agreement in place so you could avoid the august 2nd potential default and by that we just mean that you hit up against the limit and it doesn't mean that a downgrade, per se, or that we go and solve it, there is a higher risk of that. we will play that out. we hit that deadline, if we break that deadline, how soon before you think the credit rating answers react? >>guest: they have been aggressive about putting the united states on notice a
>> at eleven o'clock the big meeting between senate and house majority leaders, with the president. we've got boehner, mcconnell, pelosi and reid with the president to get a deal done and with newt gingrich on tomorrow. >> and join us on the after the show show at fox and friends.com. >> this is a fox news channel special presentation. budget brawl, taking it to the limit. now, neil cavuto. >> neil: this hot, steamy saturday for much of the country it's all on the line. the government days away from running out of money and a country's top-notch credit rating maybe, inbound ma running out of time and the president of the united states scrambling to cobble together something, anything with the very speaker of the house that walked out on him yesterday. preparing to leave for this oval office meeting to ward off what could be a huge selloff on the markets on monday. because suddenly a deal that many took as a given isn't. there is so much going on. and if you think it's hot outside now, well, get ready, it's about to get positively volcanic and for the next two hours, we're all over
big and spends too much and has taken away too much of our liberties. >> sean: why did you get into politics? when did you get involved? >> i got involved in 1998. my husband and i had five biological children also raising 23 foster children. >> sean: what was the most you had in the house at one time? >> we had nine kids in the house. >> sean: we have two kids. 23 foster kids. >> yeah. it was a great thing. we enjoyed doing it. i have a wonderful husband we've been married 33 years. we were doing care. i had been a united states tax litigation attorney. we started our own business. i was home fulltime taking care of these kids. i was surprised what i was seeing coming home in the backpack. we put our kids in private christian school, we home schooled. the state would not allow our foster children to attend private school. >> sean: why? >> it is what the law was. i saw a big different. i thought if anyone needed a leg up it was our foster children. i started getting involved in education reform in 1998. as a result, people urged me to run for the minnesota state senate. i did i
they get a tax-exempt status? >>reporter: that is the big question is. any groups that a right, obviously, to form and criticize fox news. the question is, should that be a taxper, subsidized, tax-exempt deductibl activity. media matters is something called a 501 (c) 3 referring to the section of the code that covers it and deductions to media matters are people getting to take off their taxes as if they gave money to the red cross or salvation army. and media matters is increasingly political in recent years and the founder has formatted what is scale add super pac to raise large amounts of money to defeat republican candidates and there are reports that the white house is in the entirely happy with that because they felt he was more effective attacking fox news at media matters. the question is, should that be subsidized by the federal government. deep deep the deep pockets, obviously, george soros and tell us about his past for those that do not know. >>reporter: he is a billionaire, naturalized american citizen and has in the past been caught up in insider trading activity in jump, an
trying to raise reasonable doubt by jose baez, the lead attorney for casey anthony. he offered up a big poster board showing all of the people who testified they smelled decomposition in the drunk. buff next to that he put up ten more photos of people right around her car who never smelled anything. from the lady who ran the amscott check cashing place who first reported that the car was abandoned there and got the tow truck to come out and get it. to the cops that responded to the anthony home on the night of july 16 when there was so many police on the scene and cindy anthony was calling 911 three times. she, too, saying that it felt like a damn dead body has been in the car. mason, the second defense attorney for casey anthony is going to finish the defense's closing argument after we have our lunch break. it will probably be an hour-long lunch break. the judge is giving each side four hours to make the closing arguments. this is critical at the closing argument, especially for jose baez. biggest trial of his life, of his career. he is getting to get the jury to think maybe george an
party on capitol hill and would create potentially a big problem. >> jamie: i believe it hasn't happened since the civil war and it really would be monumental if he did go that way and you talk about what the president needs to understand, and what do you think our viewers need to understand, at this stage? >> well, you know, i could tell you a lot about that but i would tell the viewers, it is not just about mathematics and coming up with a balanced budget oration the debt ceiling or anything like that. this is really about the philosophical divide of the members that they have sent to washington. republicans for instance, are looking at this, as not just a way to come up with a palatable plan to raise the debt ceiling but a way to shrink the size and scope of government, which they feel went way out of bounds during the first couple years of obama's tenure and for democrats it is the same, in that as much as they understand that you cannot continue to overspend and the deficits are bad, they are trying to do everything they can to maintain a level of government we have now. and, protec
Search Results 0 to 25 of about 26 (some duplicates have been removed)

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